EPRT Stock | | | USD 33.47 0.03 0.09% |
Essential Properties financial indicator trend analysis is much more than just examining Essential Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essential Properties is a good investment. Please check the relationship between Essential Properties Non Current Assets Total and its Total Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essential Properties Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Non Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Essential Properties Non Current Assets Total account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Essential Properties' Non Current Assets Total and Total Assets is 0.51. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Essential Properties Realty, assuming nothing else is changed. The correlation between historical values of Essential Properties' Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Essential Properties Realty are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., Essential Properties' Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Total Assets
Total assets refers to the total amount of Essential Properties assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Essential Properties books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Essential Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essential Properties current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essential Properties Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Essential Properties'
Issuance Of Capital Stock is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 29.74 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
Essential Properties fundamental ratios Correlations
Click cells to compare fundamentals
Essential Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Essential Properties fundamental ratios Accounts
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Additional Tools for Essential Stock Analysis
When running Essential Properties' price analysis, check to
measure Essential Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essential Properties is operating at the current time. Most of Essential Properties' value examination focuses on studying past and present price action to
predict the probability of Essential Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essential Properties' price. Additionally, you may evaluate how the addition of Essential Properties to your portfolios can decrease your overall portfolio volatility.